subject: How To Purchase Property In Bulgaria [print this page] When you want to purchase real estate Bulgaria your best bet is to work with a good and reputable real estate company or agent that has lots of experience in working on this sort of thing. They can help you with the entire process. You want to find a local agent that understands the ins and outs of things in Bulgaria. They should be totally familiar with and willing to teach you the things you need to know regarding the culture there.
The real estate Bulgaria agent should keep in touch with you on a regular basis and let you know of any new properties that are available that may fit your searching criteria. New properties are listed regularly and you will want to know about them right away to see if they are what you are looking for.
There are many different websites that offer properties in Bulgaria for sale. Many of them are very professional and reliable. They have beautiful and detailed photos as well as videos of the homes that are available. With the advanced technology of today, it seems that you have already seen the home when you have really just looked at the photos online and watched the virtual tour.
The agent should communicate with you about any items pertaining to the property you want to purchase. They should also help you with understanding all that is involved with purchasing real estate Bulgaria. There are different real estate laws in each country and you need a knowledgeable and experienced agent to navigate through all this for you. Then, they should explain the process to you and help you understand it fully.
When you decide which property you wish to purchase you will want to get a professional to make the offer on it. This will require that you put a down payment, which will typically be ten percent of the agreed upon price. This should be the step that causes the seller to take the property off the market.
The next thing you need to do is put money in a bank account and set up a company in Bulgaria. Setting up a company is necessary for a foreigner to purchase property in Bulgaria. This is one of the unique things about purchasing property there that not too many people know. You will also probably want to open a local bank account from which to pay you tax bills and the utility bills for the home. When the title deed is transferred and funds delivered, the completion of the sale will take place.